The case involves a petition filed by M/s Capital Trade Links Limited (Financial Creditor) under Section 7 of the Insolvency and Bankruptcy Code, 2016, seeking to initiate Corporate Insolvency Resolution Process (CIRP) against M/s Thukral Electric Bikes Private Limited (Corporate Debtor). The Financial Creditor claimed that the Corporate Debtor defaulted on a payment of Rs. 1,05,95,166 as of 17.10.2021. The Financial Creditor provided financing services to medium and small-scale businesses, while the Corporate Debtor was engaged in manufacturing electric rickshaws. The Corporate Debtor, along with M/s. Meerut Enterprises, approached the Financial Creditor for loaning facilities at the retail counter of M/s. Meerut Enterprises. A loan agreement was signed on 01.04.2019
…M/s Capital Trade Links Limited (Financial Creditor) filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, against M/s Thukral Electric Bikes Private Limited (Corporate Debtor), seeking to initiate CIRP. The Financial Creditor claimed a default of Rs. 1,05,95,166 as of 17.10.2021. The Financial Creditor is an RBI-registered NBFC providing financing services. The Corporate Debtor manufactures electric rickshaws. The Corporate Debtor and M/s. Meerut Enterprises approached the Financial Creditor for loaning facilities at the retail counter of M/s. Meerut Enterprises. A loan agreement was signed on 01.04.2019 between M/s Meerut Enterprises, the Financial Creditor, and the Corporate Debtor. The Financial Creditor disbursed loans to customers based on
…Sign in to view the parties.
The Corporate Debtor,…
A Loan Agreement was signed between M/s Meerut…
The case involves a petition filed by M/s Capital Trade Links Limited (Financial Creditor) under Section 7 of the Insolvency and Bankruptcy Code, 2016, seeking to initiate Corporate Insolvency Resolution Process (CIRP) against M/s Thukral Electric Bikes Private Limited (Corporate Debtor). The Financial Creditor claimed that the Corporate Debtor defaulted on a payment of Rs. 1,05,95,166 as of 17.10.2021. The Financial Creditor provided financing services to medium and small-scale businesses, while the Corporate Debtor was engaged in manufacturing electric rickshaws. The Corporate Debtor, along with M/s. Meerut Enterprises, approached the Financial Creditor for loaning facilities at the retail counter of M/s. Meerut Enterprises. A loan agreement was signed on 01.04.2019
…M/s Capital Trade Links Limited (Financial Creditor) filed a petition under Section 7 of the Insolvency and Bankruptcy Code, 2016, against M/s Thukral Electric Bikes Private Limited (Corporate Debtor), seeking to initiate CIRP. The Financial Creditor claimed a default of Rs. 1,05,95,166 as of 17.10.2021. The Financial Creditor is an RBI-registered NBFC providing financing services. The Corporate Debtor manufactures electric rickshaws. The Corporate Debtor and M/s. Meerut Enterprises approached the Financial Creditor for loaning facilities at the retail counter of M/s. Meerut Enterprises. A loan agreement was signed on 01.04.2019 between M/s Meerut Enterprises, the Financial Creditor, and the Corporate Debtor. The Financial Creditor disbursed loans to customers based on
…The Corporate Debtor,…
A Loan Agreement was signed between M/s Meerut…